Antiboycott, Iraq, Kuwait, Lebanon, Libya, Qatar, Saudi Arabia, Syria, UAE, Yemen
Recently, a Federal Register notice was released that provided a current list of countries which require or may require participation in, or cooperation with, an international boycott. The Department of Treasury has released the following list: Iraq Kuwait Lebanon...
Antiboycott, Iraq, Kuwait, Lebanon, Libya, Qatar, Saudi Arabia, Syria, Treasury Dept, UAE, Yemen
Source: Federal Register The Department of the Treasury has named the following countries as requiring or may requiring participation in, or cooperation with, an international boycott (within the meaning of section 999(b)(3) of the Internal Revenue Code of 1986). Iraq...
Antiboycott, BIS, Commerce Dept, Violations & Fines
By: Ashleigh Foor (Source: Commerce/BIS) On September 25, 2017, Whirlpool Europe Srl (Italy) was charged with three violations of 15 CFR 760.2(a), refusal to do business, ten violations of 15 CFR 760.2(d), furnishing information about business relationships with...
Antiboycott, Kuwait, UAE, Violations & Fines
By: Danielle McClellan The Office of Antiboycott Compliance, Bureau of Industry and Security (BIS) has charged Pelco Inc. (Pelco) with 66 violations. Between May 2011 and January 2016 it was found that on 32 occasions Pelco was engaged in transactions involving the...
Antiboycott, Commerce Dept, EAR, Kuwait, Lebanon, Pakistan, Qatar, Saudi Arabia, Syria, UAE, Yemen
By: Danielle McClellan Coty Middle East FZCO (UAE) has agreed to pay $238,000 to settle 70 violations of 15 CFR §760.2(d) – Furnishing Information about Business Relationships with Boycotted Countries or Blacklisted Persons. Coty Middle East FZCO is a foreign...
